Memorandum to FA 2023 in certain amendments says that "applcable from 1st april 2023 thus applicable wef AY 2023-24" ...... but amendments are for FY 2023-24 thus must be applicable from AY 2024-25 ..... pls clarify ???
Menu
Law as on 1st April
Replies (5)
Unless specifically mentioned AY 2023-24, the phase means applicable from financial year 2023-24, i.e. AY 2024-25.
Finance bill is approved by both houses and made law for (from) the next financial year......
1. Specifically mentioned FROM ...
2. Memo has clarified the confusion that could have arose otherwise.
Recent Topic
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
Related Topics
CAclubindia
